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Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Kenyan Shilling/Swiss Franc (FOREX:KESCHF)

Countertrend Up (+85) - KESCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid KESCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for KESCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KESCHF
Open High Low KESCHF Price Change
0.6980573 0.6984403 0.6903086 0.6936989 -0.0043580
Entry Signal

MarketClub’s Trade Triangles for KESCHF

long term up The long-term trend has been UP since Feb 15th, 2024 at 0.60479671

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 0.69492980

short term down The short-term trend has been DOWN since May 21st, 2024 at 0.68994860

Smart Scan Analysis for KESCHF

Based on our trend formula, KESCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for KESCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6980573 0.6984403 0.6903086 0.6936989 -0.0043580
Prev. Close Volume Bid Ask Time
0.6980573 2024-05-22 07:50:13
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